August 12, 2025 | 12:00am
MANILA, Philippines — Century Properties Group Inc. (CPG) of the Antonio household is ready to increase its premium residential developments portfolio with two new horizontal initiatives slated for launch subsequent yr.
CPG stated the 2 premium residential developments can be developed in Pampanga and in Cavite as a part of its strategic diversification efforts.
CPG’s First-Dwelling Residential Developments (PHirst) alternatively, is on observe with its deliberate launches of six to eight new initiatives this yr, together with its first growth in Mindanao which is ready to be launched within the third quarter.
PHirst makes homeownership extra accessible for Filipinos, notably in rising provinces and regional hubs which might be benefiting from improved infrastructure.
The Century Properties model, in the meantime, caters to a special demographic by offering higher-end, aspirational houses for discerning consumers.
“As we transfer ahead, CPG stays centered on diversifying its income streams throughout the inexpensive and premium residential segments supported by industrial leasing and property administration, whereas strategically increasing its market presence throughout key progress corridors nationwide,” CPG president and CEO Marco Antonio stated.
“These initiatives are aligned with our long-term imaginative and prescient of delivering enduring worth to our stakeholders and assembly the evolving wants of Filipino households throughout the nation,” Antonio stated.
CPG has allotted P12 billion for capital expenditures for 2025, comprising as much as P10 billion for PHirst and as much as P2 billion for Century’s premium line.
The corporate sustained its sturdy efficiency within the first half, posting a internet revenue after tax of P1.22 billion, up by 14 p.c year-on-year.
Consolidated revenues additionally rose by seven p.c to P7.64 billion, with the PHirst section remaining as the first income progress driver, contributing P5.23 billion.